Romania producer prices grow in December
Photo by g0d4ather / Shutterstock.com
Romania's producer prices rose for the first time in nine months in December, data from the Bucharest-based National Institute of Statistics (INS) showed on Tuesday.
The producer price index grew 0.27% year-on-year in December, after a 0.67% fall in November. Prices in the domestic market increased 0.69% yearly in December and non-domestic market decreased 0.47%.
Among the main industrial groups, prices for consumer goods gained 3.04% annually in December and those for capital goods grew 2.78%. Prices for durable goods and intermediate goods increased by 1.87% and 0.86%, respectively. Meanwhile, prices for energy declined by 5.47%. On a month-on-month basis, producer prices rose 1.25% in December.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.